Udo Udoma & Belo-Osagie (“UUBO”) is pleased to announce that it is advising JPMorgan Chase & Co. (“JPMorgan”), a leading global financial institution, on the
Foreign currency-denominated securities have the potential to provide Nigerian companies with access to long-term foreign currency funding while expanding investment opportunities for local and international
The Central Bank of Nigeria (“CBN”), on 1 July 2026, issued a circular titled “Interpretative Guidance on the Practical Operation of Sections 34(2)(b) and 40(2)
Changing the interbank benchmark rates: from NIBOR to NOFR! On 17th April 2026, the Central Bank of Nigeria (“CBN”), in collaboration with the Financial Markets
Udo Udoma & Belo-Osagie has advised the International Finance Corporation on its provision of a US$45 million financing package to IPT PowerTech, a leading telecom
Nigeria ranks among the largest recipients of diaspora remittances in sub-Saharan Africa, with billions of dollars flowing in annually. Despite this, informal channels and pricing
Gone Full Circle – CBN Lifts Restrictions on IOCs’ Cash Pooling Arrangements Two Years After Imposing Them Two years ago, the CBN introduced a
In 2025, Nigeria’s banking and financial services sector underwent transformative changes, marked by far-reaching regulatory reforms, banking recapitalisation, foreign exchange market recalibration, and significant developments across payments,
The UUBO Banking and Finance team is pleased to have acted as Nigerian counsel to the lenders, including Rand Merchant Bank and The Standard Bank
Nigeria’s economic growth and rapid population increase have heightened environmental sustainability concerns, particularly the rise in greenhouse gas (“GHG”) emissions. In response, green finance has
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